Subscription Services Prove Resilient, but Cost-of-living is Piling on the Pressure, Finds Adyen
- 2 years 6 months ago
- Alternative Finance
Adyen, the global financial technology platform of choice for leading businesses, today announces new consumer research, which shows that subscription services are proving promisingly resilient despite recent economic uncertainty.
New Fintech Glossary Launched to De-mystify the Jargon and Simplify the Latest Concepts
- 2 years 6 months ago
- Banking
LIBF‘s Centre for Digital Banking and Finance has today launched a comprehensive fintech glossary. Created by a team of industry experts, this innovative resource is designed to provide an indispensable reference for finance professionals, students, and anyone with an interest in fintech, and help them navigate what are often complex terms and jargon.
BIAN Welcomes 24 New Members to Growing Organization
- 2 years 6 months ago
- Banking
BIAN, the independent not-for-profit, is today announcing the 24 new members that joined the organization over the last year, bringing the total number of members to 84.
Global Banks Turn to Fintechs to Cut Operational Costs and Pursue Innovation, Finastra Research Reveals
- 2 years 6 months ago
- Banking
Finastra research reveals that fintech partnerships are a critical part of a bank’s strategy, with 3 in 4 global banks planning to connect with an average of 3 fintechs in the next 12-18 months. The largest proportion of respondents want to plug into a platform of integrated fintech solutions (56%), with only 6% preferring to build capabilities in-house. This is particularly prevalent in Europe, where this is 73% and 5% respectively.
Skaleet Unveils a Module with a Fully Online Process for Taking Out a Loan in Three Minutes
- 2 years 6 months ago
- Online Banking
Since 2011, Skaleet, a fintech company, has been developing innovative tools to transform the banking experience for millions of consumers. These tools are in use by financial providers on all five continents. Today, Skaleet announces a module that will enable banks and credit institutions to process loans in a few minutes and then easily manage those loans from initial application to loan servicing, and to debt collection.
Reward Makes Key Promotions to Restructure its Client Relationship Operations Across the UK
- 2 years 6 months ago
- Alternative Finance
Leading SME funding provider Reward Finance Group has restructured its client relationship operations across its key UK regional divisions, by promoting Chris Ibbetson and Paula Jones to head them up.
SumUp Announces New Global ESG Initiatives to Support Sustainability Efforts
- 2 years 6 months ago
- Alternative Finance
Global financial technology company SumUp continues its industry-leading sustainability agenda, today announcing a range of initiatives addressing societal and environmental issues. SumUp is mobilising its global presence for the good of our planet, building on its 2022 1% for the Planet commitment.
TUHF Partners with nCino to Improve Its Competitive Edge and to Scale Efficiently
- 2 years 6 months ago
- Banking
nCino, Inc., a pioneer in cloud banking for the global financial services industry, today announced that TUHF has selected nCino’s cloud banking platform to improve the lending process for its customers and support the entire credit lifecycle journey across its commercial loan book. By partnering with nCino, TUHF will modernize its operations to achieve key business goals including increasing efficiency, driving growth, and reducing costs.
illimity Enters a Long-term Industrial Partnership with the Engineering Group for The Commercialisation and Further Development of The Bank’s IT Platform
- 2 years 6 months ago
- Banking
illimity Bank S.p.A. (“illimity” or the “Bank”) announces that it has reached a long-term industrial agreement with the Engineering Group (hereinafter "Engineering"), concerning illimity's IT platform, its distribution to third parties and its future development.
Caixabank Launches an Interactive Experience in the Metaverse to Raise Awareness of Taking Better Care of the Environment
- 2 years 6 months ago
- Banking, IT Innovations
CaixaBank is celebrating this year's "World Earth Day" with an innovative activity at its "all in one" centres in Ibiza, Burgos, Valencia, Barcelona and Madrid. All customers visiting these centres will be able to participate in the metaverse in a memorable experience on caring for the environment. Through virtual reality, the bank intends to raise awareness of how to contribute to creating a cleaner and more sustainable world in a fun and... more
17/04 – Weekly Fintech Recap
- 2 years 6 months ago
- Payments, Banking, M&A Deals, People Moves
Partnerships OKX Wallet Announces Blur Partnership, Revamps OKX Earn
Alif Records Over 121% Year-on-year Growth, User Numbers Rise to 1.5 Million
- 2 years 6 months ago
- Islamic Finance
Alif, a renowned Islamic fintech and neobank based in Central Asia, has recorded over 121% year-on-year growth. Operating as a fully licensed bank in Tajikistan and an e-commerce and fintech company in Uzbekistan, Alif’s total number of users has surpassed 1.5 million, with a 72% annual increase in customer numbers alone in 2022.
New 200 Million Euro Agreement Between EIB and illimity to Support SMEs
- 2 years 6 months ago
- Banking
The European Investment Bank (the “EIB”) and illimity Bank S.p.A. (“illimity” or the “Bank”) have finalized an agreement worth 200 million euro aimed at supporting the working capital and liquidity needs of SMEs, with specific emphasis being given to sustainable investments and businesses operating in the Cohesion Regions.
Amid Unexpected Inflation, Over Half of UK Consumers Consider Using Checkout Finance to Help Manage Their Finances
- 2 years 6 months ago
- Alternative Finance
New data released today by checkout finance platform, Divido, has found 58.3% of consumers see checkout finance as a tool for helping them manage their finances.
Capital Bank Goes Live with Finastra to Support Strong Growth in Corporate Banking Business
- 2 years 6 months ago
- Corporate Banking
Finastra, a global provider of financial software applications and marketplaces, today announced that Capital Bank, a leading financial institution with commercial and investment banking expertise, has gone live with Finastra’s Corporate Channels and will soon follow with Trade Innovation as well as other Corporate Channels modules.
